Next Train to Somewhere

16Sep11:00 amEST

The Most Appropriate Quote for This Market Journey

“There is no training, classroom or otherwise, that can prepare for trading the last third of a move, whether it’s the end of a bull market or the end of a bear market.” -Paul Tudor Jones I am of the view that the above quote is relatable to the current market, as the daily swings indicate a certain degree of overall indecision manifesting...

15Sep4:36 pmEST

Stock Market Recap 09/15/21 {Video}

The following video is a brief, condensed version of the Stock Market Recap which I present each evening to members of Market Chess Subscription Services. In the longer version, I offer tons of actionable trade ideas, educational content, and in-depth objective analysis across all markets. If you enjoy my videos and blog posts, then please...

15Sep11:30 amEST

An Ironic Comeback Only a Hipster Could Love

We have some more pronounced rotation today away from some large cap tech names, such as AAPL AMZN FB, and over to energy and some materials plays. However, the sense of urgency in the rotation is not yet at the type of pace I want to see to think the move is going to be rocket fuel higher, just yet, although with the European energy crunch I...

14Sep5:03 pmEST

Stock Market Recap 09/14/21 {Video}

The following video is a brief, condensed version of the Stock Market Recap which I present each evening to members of Market Chess Subscription Services. In the longer version, I offer tons of actionable trade ideas, educational content, and in-depth objective analysis across all markets. If you enjoy my videos and blog posts, then please...

14Sep10:12 amEST

You Don't Have to Be Monk to Crack This Case

The consecutive gaps higher this week have been faded, broadly speaking, in most parts of tech. Even going back to late-last week, we saw a Nasdaq which did not want to hold onto strength as each session unfolded, namely Friday into the bell. When we look to the charts to put this into context (which is what technicals are often best used for,...

13Sep3:37 pmEST

Gold Miners: At Least We Know Where the Goalposts Are

Headed into the closing bell of a mixed Monday session, the Nasdaq still seems at risk of seeing some selling accelerate lower. On the other side of the tape we have strength in energy and some miners, especially the precious ones today. After an extremely dodgy middle and back-end to the summer, it is understandable to be skeptical of gold,...

13Sep11:01 amEST

Be Royal in Your Fashion...And Energy Stocks

With Europe's energy crunch gaining more attention by the day, it is only fitting that Royal Dutch Shell (Shell), a Dutch multinational oil and gas company headquartered in The Hague, Netherlands, and incorporated in the United Kingdom (more on that in a bit and why it is important), should attempt to break its tight daily chart base (below)...

12Sep10:22 amEST

Weekend Overview and Analysis 09/12/21 {Video}

The following video is a brief, condensed version of the full-length Weekend Video Strategy Session which I present each weekend to members of Market Chess Subscription Services. In the longer version, I offer tons of actionable trade ideas, educational content, and in-depth objective analysis across all markets. Please click here for more...

10Sep3:05 pmEST

Building the Case for Value

It is not just those boring, dividend-paying, defensive names which offer value here according to historically low multiples and lack of investor enthusiasm. Indeed, the same can be said for many materials miners housed in the XME ETF--Both non and precious alike This includes the likes of FCX, steels, aluminum plays, coals, etc.. While...

10Sep11:20 amEST

Next Train to Somewhere

The sheer amount of indecision in the market action of late is likely a reflection of internal competing forces. On the one hand, the market is aware of supply chain disruptions in the economy, but has not had a full-blown reckoning of it and has come nowhere close to acknowledging how lasting it may be. The market is aware of the intense...